Here Are The New Taxes You're Going To Pay To Pay For Obamacare...

Well, Obamacare is now official, which means that a lot more
people in the United States will have health insurance.

And it also means a lot more people will be paying more taxes.

(You didn't think Obamacare was free, did you?)

Here are some of the new taxes you're going to have to pay to pay
for Obamacare:

A 3.8% surtax on "investment income" when your adjusted
gross income is more than $200,000 ($250,000 for
joint-filers). What is "investment income?" Dividends,
interest, rent, capital gains, annuities, house sales,
partnerships, etc. Taxes on dividends will rise from 15% to
18.8%--if Congress extends the Bush tax cuts. If Congress does
not extend the Bush tax cuts, taxes on dividends will rise from
15% to a shocking 43.8%. (WSJ)

A 0.9% surtax on Medicare taxes for those making
$200,000 or more ($250,000 joint). You already pay
Medicare tax of 1.45%, and your employer pays another 1.45% for
you (unless you're self-employed, in which case you pay the
whole 2.9% yourself). Next year, your Medicare bill will be
2.35%. (WSJ)

Flexible Spending Account contributions will be capped
at $2,500. Currently, there is no tax-related limit on
how much you can set aside pre-tax to pay for medical expenses.
Next year, there will be. If you have been socking away, say,
$10,000 in your FSA to pay medical bills, you'll have to cut
that to $2,500. (ATR.org)

The itemized-deduction hurdle for medical expenses is
going up to 10% of adjusted gross income. Right now,
any medical expenses over 7.5% of AGI are deductible. Next
year, that hurdle will be 10%. (ATR.org)

The penalty on non-medical withdrawals from Healthcare
Savings Accounts is now 20% instead of 10%.
That's twice the penalty that applies to annuities, IRAs, and
other tax-free vehicles. (ATR.org)

A tax of 10% on indoor tanning services. This
has been in place for two years, since the summer of 2010.
(ATR.org)

A 40% tax on "Cadillac Health Care Plans" starting in
2018.Those whose employers pay for all or most of
comprehensive healthcare plans (costing $10,200 for an
individual or $27,500 for families) will have to pay a 40% tax
on the amount their employer pays. The 2018 start date is said
to have been a gift to unions, which often have comprehensive
plans. (ATR.org)

A"Medicine Cabinet Tax" that eliminates the ability to
pay for over-the-counter medicines from a pre-tax
Flexible Spending Account. This started in January 2011.
(ATR.org)

A "penalty" tax for those who don't buy health
insurance. This will phase in from 2014-2016. It will
range from $695 per person to about $4,700 per person,
depending on your income. (More
details here.)

A tax on medical devices costing more than
$100. Starting in 2013, medical device
manufacturers will have to pay a 2.3% excise tax on medical
equipment. This is expected to raise the cost of medical
procedures. (Breitbart.com)

So those are some of the new taxes you'll be paying that will
help pay for Obamacare.

Any big ones I've missed?

Note that these taxes are both "progressive" (aimed at rich
people) and "regressive" (aimed at the middle class and poor
people). The big ones--the 3.8% investment income hike and the
Medicare tax increase--only hit you if you're making more than
$200,000 a year. The rest hit you no matter how much you're
making.